Tag Archives: Berkshire

The big move by Warren Buffett’s Berkshire Hathaway to buy the chemicals business of oil giant Occidental Petroleum for nearly $10 billion is a double win for Berkshire, analysts say, in Buffett’s potential swan song deal before retiring at the end of December. The Oct. 2 deal is the first-ever Berkshire announcement that quotes incoming CEO Greg Abel and doesn’t …

Warren Buffett’s Berkshire Comes to the Aid of Occidental Petroleum—Again  The Wall Street Journal Warren Buffett’s Berkshire Hathaway set to make its biggest deal in three years  CNN Berkshire buys OxyChem, EV sales hit records, Amazon’s grocery push and more in Morning Squawk  CNBC As Warren Buffett nears retirement, he’s making his biggest purchase in years  MarketWatch A Berkshire Deal for Occidental Chemicals Unit …

OMAHA, Neb. (AP) — Berkshire Hathaway is buying Occidental Petroleum’s chemical division for $9.7 billion in what may be the last big acquisition involving the consummate dealmaker, Warren Buffett. Buffett wasn’t mentioned anywhere in materials released by Berkshire Hathaway discussing the deal Thursday, potentially signaling a passing of the torch to Vice Chair Greg Abel, to whom Buffett will hand …

Occidental offloads chemicals unit in $9.7 billion deal with Berkshire to cut debt  Reuters Warren Buffett’s Berkshire Hathaway set to make its biggest deal in three years  CNN Buffett faces off against himself in Occidental carve-up  Financial Times Berkshire buys OxyChem, EV sales hit records, Amazon’s grocery push and more in Morning Squawk  CNBC Buffett’s Berkshire Is Making Its Biggest Acquisition in Years—What You …

Topline Berkshire Hathaway announced Thursday it would acquire Occidental Petroleum’s petrochemical unit, OxyChem, in a deal valued at $9.7 billion, the largest deal by billionaire Warren Buffett’s firm in the last three years. Buffett has said his Berkshire Hathaway would not take complete control of the oil firm. Copyright 2018 The Associated Press. All rights reserved. Key Facts Berkshire, which …

Berkshire Hathaway to Buy OxyChem From Occidental for $9.7 Billion. Occidental Stock Falls.  Barron’s Berkshire Hathaway to buy Occidental’s OxyChem for $9.7 billion, in Buffett’s biggest deal in three years  CNBC Exclusive | Berkshire Hathaway Near $10 Billion Deal for Occidental’s Petrochemical Unit  The Wall Street Journal A Berkshire Deal for Occidental Chemicals Unit Could Bring a Surprise  Barron’s Berkshire Hathaway’s Greg Abel seals …

Berkshire Hathaway to Buy Occidental’s Petrochemical Unit for $9.7 Billion  The Wall Street Journal Berkshire Hathaway to buy Occidental’s OxyChem for $9.7 billion, in Buffett’s biggest deal in three years  CNBC Exclusive | Berkshire Hathaway Near $10 Billion Deal for Occidental’s Petrochemical Unit  The Wall Street Journal As Warren Buffett Rumors Swirl, Occidental Petroleum Stock Just Formed a Golden Cross Pattern  Yahoo Finance Berkshire …

Berkshire to Buy Occidental’s Chemical Unit for $9.7 Billion  Bloomberg.com Berkshire Hathaway to buy Occidental’s OxyChem for $9.7 billion, in Buffett’s biggest deal in three years  CNBC Exclusive | Berkshire Hathaway Near $10 Billion Deal for Occidental’s Petrochemical Unit  The Wall Street Journal Berkshire Hathaway’s Greg Abel seals first deal as CEO-elect with $10bn OxyChem buy  Financial Times Occidental offloads chemicals unit in $9.7 …

A Berkshire Deal for Occidental Chemicals Unit Could Bring a Surprise  Barron’s Warren Buffett is reportedly eyeing Berkshire Hathaway’s biggest deal in three years  CNBC As Warren Buffett Rumors Swirl, Occidental Petroleum Stock Just Formed a Golden Cross Pattern  Yahoo Finance Exclusive | Berkshire Hathaway Near $10 Billion Deal for Occidental’s Petrochemical Unit  The Wall Street Journal Why Warren Buffett’s Berkshire Hathaway may be …

KEY TAKEAWAYS Berkshire Hathaway is reportedly close to finalizing a $10 billion deal to buy OxyChem, the petrochemical division of Occidental Petroleum. The deal would be the conglomerate’s biggest since its $11.6 billion purchase in 2022 of insurer Alleghany. Berkshire Hathaway (BRK.A, BRK.B) is reportedly close to a $10 billion deal to buy the petrochemical division of Occidental Petroleum (OXY), in what …